Whale sells 694,310 HYPE in five days as separate accounts open 597,912 HYPE in longs
- —Whale sold 694,310 HYPE worth $53.27M over five days
- —Five accounts opened longs on 597,912 HYPE worth $52.7M
- —Strategy holds 848,517 BTC at an average cost of $75,446
- —BTC at $76,791 sits below Darkfost's $78,900 and $90,600 cost estimates
Why it matters: Heavy whale selling against fresh long positioning could amplify HYPE volatility, while BTC hovering near Strategy's cost basis weighs on holder sentiment.
Source: TokenPost